$RLEA

Rubber Leaf Inc

CIK:0001893657|SEC Filings

Consolidated Statements of Operations and Other Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Defined Benefit Plan Disclosure [Line Items]
Total	$ 2,774,030		$ 6,038,954
Cost of sales	2,836,195		5,815,774
Total cost of sales	2,836,195		5,815,774
Gross income (loss)	(62,165)		223,180
Operating expenses
General & administrative expenses	19,360	85,231	81,547	165,082
Total operating expenses	19,360	85,231	81,547	165,082
Income (loss) from operations	(81,525)	(85,231)	141,633	(165,082)
Other income (expense):
Interest income (expense)	20,903		41,807
Other income, net
Total other income (expenses), net	20,903		41,807
Net income (loss) from continuing operations before income taxes	(60,622)	(85,231)	183,440	(165,082)
Income tax expense (benefit)
Net income (loss) from continuing operations	(60,622)	(85,231)	183,440	(165,082)
Gain (loss) from discontinued operations		(256,404)		(521,889)
Net income (loss)	(60,622)	(341,635)	183,440	(686,971)
Foreign currency translation, net of tax		1,074		3,593
Comprehensive income (loss)	$ (60,622)	$ (340,561)	$ 183,440	$ (683,378)
Earnings per share
Basic loss per share	$ 0.0045	$ (0.0166)	$ (0.0015)	$ (0.0083)
Diluted loss per share	$ 0.0045	$ (0.0166)	$ (0.0015)	$ (0.0083)
Weighted average common shares outstanding, basic	41,109,458	41,109,458	41,109,458	41,109,458
Weighted average common shares outstanding, diluted	41,109,458	41,109,458	41,109,458	41,109,458
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Total	$ 2,774,030		$ 6,038,954

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flow from operating activities
Net income (loss)	$ 183,440	$ (686,971)
Changes in operating assets and liabilities:
Loss from discontinued operations		521,889
Accounts receivable – related parties	(2,229,774)
Interest accrued on long-term receivables	(41,807)
Accounts payables - related parties	2,006,595
Advances to vendors - related party		5,000
Other current liabilities	(32,998)	87,499
Net cash used in operating activities	(114,544)	(72,583)
Cash flow from investing activities
Net cash used in investing activities
Cash flow from financing activities
Other payable from related parties	114,800	73,500
Net cash provided by financing activities	114,800	73,500
Effect of exchange rate changes		228
Increase in cash	256	1,145
Cash and restricted cash, beginning	1,105	12,273
Cash and restricted cash, ending	1,361	13,418
Supplemental disclosures of cash flow
Interest paid
Income taxes paid
Supplemental disclosure of non-cash activities
Non-cash offset of accounts receivable and accounts payable	$ 3,809,179

Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash	$ 1,361	$ 1,105
Total current assets	8,546,511	3,296,135
Noncurrent assets:
Total assets	11,375,449	6,083,266
Current liabilities:
Other current liabilities	26,002	59,000
Total current liabilities	10,840,821	5,732,078
Noncurrent liabilities:
Deferred tax liabilities	63,942	63,942
Total liabilities	10,904,763	5,796,020
Commitments and Contingencies
STOCKHOLDERS’ EQUITY
Preferred stock: 40,000,000 shares authorized, no shares issued and outstanding
Common stock: 100,000,000 shares authorized, 41,109,458 shares and 41,109,458 shares issued and outstanding as of June 30, 2026 and December 31, 2025	41,110	41,110
Additional paid-in capital	2,799,035	2,799,035
Accumulated deficit	(2,370,445)	(2,553,885)
Accumulated other comprehensive income	986	986
Total stockholders’ equity	470,686	287,246
Total liabilities and stockholders’ equity	11,375,449	6,083,266
Related Party [Member]
Current assets:
Accounts receivable – related parties	8,545,150	3,295,030
Noncurrent assets:
Long-term account receivable – related party	2,828,938	2,787,131
Current liabilities:
Accounts payable – related parties	4,505,382	2,498,787
Other payables - related parties	$ 6,309,437	$ 3,174,291